Sufficient Inventory Sample Clauses

The Sufficient Inventory clause requires a party, typically a supplier, to maintain an adequate stock of goods or materials to fulfill its contractual obligations. In practice, this means the supplier must monitor inventory levels and replenish stock as needed to ensure timely delivery of products or services, preventing shortages that could disrupt business operations. This clause serves to minimize the risk of supply chain interruptions and ensures that the buyer can rely on consistent availability of the contracted goods.
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Sufficient Inventory. A2Mcyte shall, or shall cause the Contract Manufacturer to, at A2Mcyte’s sole expense, procure the components of and assemble the APIC System in accordance with the Specifications, which shall be mutually agreed upon, and A2Mcyte shall maintain a sufficient inventory of APIC Kits and Equipment, based on A2Mcyte’s reasonable judgment, in order to support its promotion of the APIC System. Cytonics shall, at A2Mcyte’s request and at Cytonics’ expense, provide necessary training and assistance in the assembly of the APIC Kits and Equipment, including, without limitation, providing formulae, instructions, know-how, current standard operating procedures, safety performance data sheets, shelf life data and other operational information; provided, however, that A2Mcyte shall reimburse Cytonics for Cytonics’ pre-approved out of pocket expenses incurred with respect to any such training or assistance including all travel expenses.
Sufficient Inventory. Astaria shall, or shall cause the Contract Manufacturer to, at Astaria’s sole expense, procure the components of and assemble the APIC System in accordance with the Specifications, which shall be mutually agreed upon, and Astaria shall maintain a sufficient inventory of APIC Kits and Equipment, based on Astaria’s reasonable judgment and forecasted demand pursuant to Section 5.4(b), and with approval by Cytonics, in order to support its promotion of the APIC System.
Sufficient Inventory. Company shall have no liability to Client or third parties for losses caused directly or indirectly by Client for failure to provide sufficient Inventory. Cost for back orders, delay notices, canceled orders and increased Client service resulting from out of stock conditions will be billed to Client at cost plus 14%.
Sufficient Inventory. Licensee shall ensure that sufficient stocks of the Licensed Product are carried by it to satisfy the demand for the Licensed Product in the Territory.
Sufficient Inventory. The Seller has maintained sufficient quantities of raw materials, work in process, and finished good inventory such that, during the first three months following the Closing, the Purchaser shall have in stock or will be able to purchase a sufficient supply of finished goods, work in process, and raw materials to promptly fill customer orders as they are received following the Closing.
Sufficient Inventory. CMH shall, or shall cause the Contract Manufacturer to, at CMH’s sole expense, procure the components of and assemble the APIC System in accordance with the Specifications, which shall be mutually agreed upon, and CMH shall maintain a sufficient inventory of APIC Kits and Equipment, based on CMH’s reasonable judgment, in order to support its promotion of the APIC System. Cytonics shall, at CMH’s request and at Cytonics’ expense, provide necessary training and assistance in the assembly of the APIC Kits and Equipment, including, without limitation, providing formulae, instructions, know-how, current standard operating procedures, safety performance data sheets, shelf life data and other operational information; provided, however, that CMH shall reimburse Cytonics for Cytonics’ pre-approved out of pocket expenses incurred with respect to any such training or assistance including all travel expenses.
Sufficient Inventory. Sandoz shall ensure that sufficient stocks of the Products are carried by it to satisfy the demand for the Products in the Territory.

Related to Sufficient Inventory

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.

  • Inventories All of the Assets constituting inventory are owned or used by Company, are in good, current, standard and merchantable condition and are not obsolete or defective.

  • Physical Inventory The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.